Andrew J.
Refinance and quit claim deed
Greetings BP,
As I continue to learn everyday about RE investing...a new scenario always seems to pop up. I will do my best to explain this scenario related to the purchase, rehab, and refinance of a propert...
Sami Gren
rental leases renewals
i am a landlord in NJ. I know a lot of landlords when the renew the lease they send a whole new lease and sign it, and so did i do up until now.MY QUESTION: is it necessary at all? or can i just sign some kind of ren...
Account Closed
25% down payment
Hola bigger pockets-ites,
So an agent at Quicken Loan today told me if I want to get a multi-family that is more than 2 units, I would have to put down 25% down payment as a rule. Has anyone heard of this? I'...
Dallin Wood
Bank won't give payoff statement. Seller financing seller MIA
We purchased a home wholesale in August 2019. Instead of using hard money we assumed the sellers financing and had the seller taken off title and had ourselves added. We had the property ready to sell And had a buye...
Account Closed
When an REO asks for a Bank Statement and you don't have the funds?
As a wholesaler in Miami, I am making a few offers and they are asking me for a bank statement, before we used proof of funds from our transnational funding source. There are a few ways to do this but I want to know ...
Luke H.
WWYD: Leaving, Not Leaving
Hi all, hope all is well.Tenants of 3 years sent text message notification that they were leaving in 3 weeks (breaking lease early by 8 months).4 days before their move out date , they call and say their home purchase...
Stuart Udis
Why Aren't More Investors Using Construction to Permanent Financing?
Someone recently reached out asking for advice on how to proceed with the purchase and renovation of a property. This particular investor was interested in using the BRRRR method to build a portfolio of single family ...
Dave Cieslicki
Illinois investing good or bad
I wanted to see if anyone has thoughts on wether or not the Illinois real estate market is a smart place to be investing given the current budget issues?
Melina Gorosito
Lender loan origination fee-scam?
Wondering if it’s normal for lenders to ask for a loan origination fee of approx. $1200. What is the usual ways you deal with this transaction? I suggested giving the funds to an attorney in trust and releasing them a...
Przemek Kos
Large multi family deals (how to invest)
Hi All.I am a small time investor with just a few properties here in New York. I think I am at a point in my professional and investing career where I do not want to increase my exposure to New York, I also don’t feel...